USD/ZAR June 18 2024
Nearing end of year (2023) support zones, as well as experiencing resistance in the lower 18.00s in May 2024. This movement could mean higher lows and suggest that the pair aims to move upward.
Trade active
More downward motion expected for the pair before reversal, (expecting to reach a new low for 2024) - 17.80 to 17.85.Trade closed: target reached
TP@17.85 and buy at same price, i am bullish for the short term and looking for a reversal @18.27.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.